42 Ontario Street, Guelph, ON

$649,900
MLS#:X12194510
3 beds
1 baths
700-1100 sqft
1.0 parking
Residential Freehold
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Property no longer active

This property was sold on June 11, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of St. Patrick's Ward. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $649,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 26.65 x 81 ft lot
  • Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: Carpet Free, Water Heater
  • Efficient forced air heating via gas

Description

DOWNTOWN CHARMER ! This 2 storey red brick gem is in the vibrant St. Patrick's Ward, the most up and coming part of town with all its new development and gentrification of classic older homes. 42 Ontario Street is an opportunity to get in on the ground floor and watch home values appreciate in the years ahead. With new condos on the rise along with so much redevelopment, this has become a sought after area for first time buyers and downsizers alike. If you are looking for true value, this home has it in spades. Lovely gardens and an inviting front porch greet you from the street. As you enter the front foyer a bright living room to your left features refinished hardwood floors and big windows that look out to the covered front porch. Head down the hall to a huge country kitchen with an energy saving gas fireplace , stainless steel appliances, and lots of attractive cabinetry. From the kitchen there is a walkout to a small private deck and a fully fenced patio area with no grass to cut. Upstairs you'll find 3 bedrooms, all with closets, rare in homes of this era, and an updated 3 piece bathroom. The basement has a full laundry plus a large finished room that would be perfect for extra bedrooms, a family room, office etc. The roof was replaced in 2024 and a new furnace installed in 2019. With minimal yard maintenance, this home presents a perfect alternative to condo living minus the expensive monthly fees. Enjoy a short stroll to downtown Guelph, famous for its stunning architecture, superb restaurants, eclectic shops, friendly pubs, a movie theatre, a bookstore, Library, the River Run Arts Centre and the Sleeman Centre Arena. The GoTrain, Farmer's Market, Grocery Stores, coffee shops, parks, walking trails along the river and "Canada's Smallest Bar" are nearby as well. Leave the car at home and enjoy the best Guelph has to offer just minutes out your front door and at an amazing price for a fully detached family home. OPEN HOUSES SAT & SUN 2-4 PM

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Property Summary

This detached home located at 42 Ontario Street, Guelph is currently for sale and has been available on SousaSells for 408 days. This property is listed at $649,900 with an estimated mortgage of $2,163* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 42 Ontario Street, Guelph is in the St. Patrick's Ward neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 11, 2025
Sold price information is available to members only
Listed Date6/4/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementPartially Finished
Lot Size26.65 × 81 Feet
CountyWellington
Annual Tax$3,405
Legal DescriptionPt Lot 61, Plan 113, Parts 3 + 4, 61R2597 S/T & T/W ROS605627; Guelph

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

Public Transit

Interior Features

Carpet Free, Water Heater

Security Features

Community Features

Location

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42 Ontario Street, Guelph, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 42 Ontario Street, Guelph, ON N1E 3B1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Guelph.

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Interest Rate4.00%
Down Payment$194,970 (30.0%)
* Minimum Canadian down payment required for this price is $39,990.
Amortization Period30 Years
Estimated Monthly Payment$2,163Based on a loan of $454,930 over 30 years.
Purchase Price$649,900
Loan Amount$454,930
Provincial Land Transfer Tax:$9,473
Total Estimated Closing Taxes:$9,473

About Purchasing a Home in Guelph, ON

For a property listed at $649,900 in Guelph, the legal minimum down payment is $39,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9,473 for this transaction. As this listing is in Guelph (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $9,473.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for St. Patrick's Ward, Guelph.

Verified Local Data
City Population143,740
City Median Age38.5 Yrs
City Ownership68% Owners
Avg Area List Price$665,037

People & Families

Age Distribution

Household Composition

One-person households
28%
Families with children
42%
Couples without children
26%
Other households
4%

Top Ethnic Origins

English28%
Canadian22%
Scottish20%
Irish19%

Local Schools Guide

Elementary Schools

Sacred Heart
Public125 Huron Street, Guelph, Ontario, N1E 5L5
6.3
Central
Public97 Dublin Street North, Guelph, Ontario, N1H 4N2
7.6
John Galt
Public50 Laurine Avenue, Guelph, Ontario, N1E 4M9
6.3
King George
Public72 Lemon Street, Guelph, Ontario, N1E 2H5
7.7
John McCrae
Public189 Water Street, Guelph, Ontario, N1G 1B3
8.8

Secondary Schools

St. James
Catholic57 Victoria Road North, Guelph, Ontario, N1E 5G9
5.9
John F Ross
Public21 Meyer Drive, Guelph, Ontario, N1E 4H1
7.7
Guelph
Public155 Paisley Street, Guelph, Ontario, N1H 2P3
8.2
Our Lady of Lourdes
Public54 Westmount Road, Guelph, Ontario, N1H 5H7
4.6

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied68%
Rented32%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.